FirmaIQ
Org.nr 994 203 630 2019 → 2020 Year-over-year analysis

ADS SENTRUM AS: årsregnskap 2020 vs 2019

Grew 10% on revenue, stronger earnings, cash halved-plus

approved 2021-09-08; registry 2021-09-30; journal 2021 758382

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADS SENTRUM AS. Revenue 2.29m NOK → 2.52m NOK (+10.1%). Net result +485.6k NOK → +623.2k NOK. Equity 2.62m NOK → 2.64m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADS SENTRUM AS.

At a glance

Scorecard

Revenue
2.29m NOK 2.52m NOK
+10.1%
Operating result
+1.25m NOK +1.39m NOK
+11.0%
Net result
+485.6k NOK +623.2k NOK
+28.3%
Equity
2.62m NOK 2.64m NOK
+0.6%
Cash
727.1k NOK 209.7k NOK
-71.2%
Total assets
19.69m NOK 18.81m NOK
-4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.29m NOK to 2.52m NOK (+10.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.25m NOK → +1.39m NOK (op. margin 54.9% → 55.4%). Calculated

  • ↑

    Net result improved

    Net result +485.6k NOK → +623.2k NOK (net margin 21.2% → 24.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.62m NOK → 2.64m NOK (equity ratio 13.3% → 14.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 727.1k NOK → 209.7k NOK (-71.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 110 NOK → 10.6k NOK (0% → 0% of revenue). Calculated